J.m. Electrical Company, Inc.

$3,265,673 PPP Loan in Lynnfield, Massachusetts

Loan Details

Loan Number
6322517005
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$3,265,673
Current Approval
$5,336,482
Forgiveness Amount
$5,398,444
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
J.m. Electrical Company, Inc.
Address
471 Broadway
ZIP Code
01940-1401
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
395
Estimated Revenue
$130.0M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$5,336,482

Lender Information

Servicing Lender
Eastern Bank
Originating Lender
Eastern Bank

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